The Philippines’ competitive ranking among its regional peers still leaves much to be desired, clinging to the 13th slot out of 14 economies in the Asia-Pacific region. While we’ve seen some advancement in productivity and efficiency, including management practices, the Swiss-based...
As it aspires to increase the share of renewable energy (RE) in its power mix, the Philippines drastically improved its ranking to 76th out of 118 countries in the World Economic Forum’s (WEF) 2025 Energy Transition Index (ETI). This year’s jump is a reversal of the country’s slide to 105th...
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has secured additional land to develop an existing airstrip into a commercial airport, providing investors direct access to the ecozone. In a statement, APECO said it has sealed an agreement with the Chua Cham family to acquire 12...
The Marcos administration has proclaimed four new economic zones (ecozones) and expansions during the first half of the year, signaling the government’s ongoing drive to facilitate investments outside the country’s urban centers. During the period, President Marcos approved two expansion...
The Economic Journalists Association of the Philippines (EJAP), the country’s premier organization of business journalists, announced it will hold its annual Infrastructure Forum on Monday, June 16, at the Fairmont Hotel in Makati City. The forum, themed “Government Infrastructure Program:...
The Philippine Economic Zone Authority (PEZA) said it has signed a registration agreement with agricultural products supplier Superseed Agriculture Corp. (SAC) for the company’s manufacturing facility in Laguna. The agreement, which recognized SAC as an ecozone domestic market enterprise, was...
LIMA Infrastructure Inc., a subsidiary of Aboitiz InfraCapital Economic Estates, has been named as the government’s newest investment promotion partner, tasked with driving fresh investments into the country. In a statement, the Philippine Economic Zone Authority (PEZA) announced that it had...
The Philippine government has named the leading business chamber of Dongguan, China, as its newest investment promotion partner, signaling strengthened economic integration between the two countries. In a statement, the Philippine Economic Zone Authority (PEZA) said its top official, Director...
After a disappointing 5.7-percent gross domestic product (GDP) growth rate last year, the Philippines is expected to post an even slower growth rate of 5.6 percent for 2025, which would once again fail to reach the government’s growth target of six to eight percent. Growth would only accelerate...
The Philippines and Canada have officially assumed co-chairmanship of the Organization for Economic Cooperation and Development’s (OECD) Southeast Asia Regional Program (SEARP), succeeding Vietnam and Australia during the OECD ministerial council meeting held in Paris, France. In a statement on...
The Philippine Economic Zone Authority (PEZA) has officially approved the country’s largest economic zone (ecozone) to date, which will rise within Iwahig Prison and Penal Farm in Puerto Princesa City, Palawan. In a statement, PEZA said its board of directors gave the greenlight to the Palawan...
Year-to-date investments approved by the Philippine Economic Zone Authority (PEZA) continue to trend upward compared to the previous year, but uncertainties stemming from the United States ' (US) tariff policy are dampening foreign investor interest. In a statement, PEZA said it has approved...
